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    Exam 20: Reasons for Government Intervention in the Market
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    The Output of a Monopolist Is Likely to Be
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The Output of a Monopolist Is Likely to Be

Question 27

Question 27

Multiple Choice

The output of a monopolist is likely to be .


A) less than the social optimum
B) greater than the social optimum
C) where MSC = MSB
D) where price = MC

Correct Answer:

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